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ArcelorMittal

With 119 million tonnes of annual production capacity and 245,000 employees across 60 countries, ArcelorMittal is the world’s leading steel and mining company. It was formed in 2006 as a result of the merger of the Arcelor and Mittal steel groups.

Latest News

ArcelorMittal South Africa Halts Long Steel Operations, Shifts Focus to Flat Steel Future

06 January 2025 - ArcelorMittal South Africa is winding down its long steel business, citing unsustainable operational challenges, weak market conditions, and rising costs, the steelmaker has announced.

Mittal: Better Policy Needed to Preserve European Steelmaking

04 December 2024 - If Europe wants to continue to produce iron and steel, then it must immediately commit to building a better policy framework, ArcelorMittal founder and executive chairman  Lakshmi Mittal writes in a (London) Financial Times op-ed. 

ArcelorMittal Starts New Galv, Annealing Line

18 November 2024 - ArcelorMittal Brazil has started up a new US$345 million galvanizing and continuous annealing line at its Vega unit in São Francisco, reports BNAmericas. 

ABB Signs for ArcelorMittal XCarb Steel 

22 October 2024 - ABB will begin using ArcelorMittal’s low-CO2-intensity steel in its Kabeldon power distribution systems, a move expected to reduce the carbon footprint of key electrification equipment by 29%.

ArcelorMittal Signs Long-Term Supply Agreement for Renewably Produced Steel 

17 October 2024 - Roof window manufacturer VELUX Group has signed a 10-year commercial agreement with ArcelorMittal for renewably produced steel.  

ArcelorMittal Celebrates Start of EUR76 Million Ladle Furnace

03 October 2024 - ArcelorMittal’s Fos-sur-Mer plant in France has inaugurated a new ladle furnace, a milestone event that the company says will contribute to the European steel industry’s energy transition. 

ArcelorMittal Urges EU Action on Steel Plan

30 September 2024 - ArcelorMittal Europe chief executive officer Geert Van Poelvoorde has urged the European Union and the Polish government to adopt policies that will enable the industry to thrive. 

ArcelorMittal Invests in Electrochemical Decarbonization Tech 

25 September 2024 - ArcelorMittal’s XCarb Innovation Fund is investing US$5 million in a company developing a way to convert industrial process gas into high-purity hydrogen and concentrated CO2. 

ArcelorMittal to Add Solar Capacity in Brazil 

21 August 2024 - ArcelorMittal Brazil on Wednesday signed contracts to develop two solar energy projects with a combined capacity of 465 MW, equivalent to 14% of its current electricity requirements.

ArcelorMittal Completes Vallourec Transaction

07 August 2024 - ArcelorMittal has finalized its acquisition of a EUR955 million stake in tubemaker Vallourec. 

New Wave of Chinese Steel Exports Softening Prices, ArcelorMittal Says 

01 August 2024 - ArcelorMittal saw its second-quarter profits fall and said Chinese steel exports have put the market in “unsustainable” territory. 

ArcelorMittal Buys Equity Position in Vallourec

13 March 2024 - ArcelorMittal has acquired a 28.4% equity stake in French tubemaker Vallourec, the steelmaker has announced. 

EU OKs Germany Plan to Support ArcelorMittal Project

29 February 2024 - The European Commission has signed off on Germany’s EUR1.3 billion financial aid package to ArcelorMittal in support of the steelmaker’s plan to decarbonize facilities there. 

Report: Danieli, Metinvest Stepping In to ILVA Plant  

17 January 2024 -  Italian plant manufacturer Danieli and Ukraine’s Metinvest have reached an agreement with the Italian government to reboot the former ILVA plant in Tuscany, according to the Reuters news service. 

ArcelorMittal Moves French Decarbonization Project Forward 

15 January 2024 - ArcelorMittal is advancing early plans for a major decarbonization project at its Dunkirk steel works in France, moving it to the front-end engineering design stage, the company has said. 

One of the World’s Largest Steelmakers Lays Plans for the World’s Largest Mill

11 January 2024 - ArcelorMittal intends to build its Hazira, India, plant into the world’s single-largest steelmaking complex, company founder Lakshmi Mittal has announced, according to The (India) Economic Times. 

ArcelorMittal Signs US$2.7B Natural Gas Supply Agreement

04 January 2024 - ArcelorMittal Mexico has renewed a natural gas supply agreement with Mexican state utility CFE Energía, a 10-year deal worth US$2.7 billion, according to the Reuters news service. 

ArcelorMittal Commissions Demonstration Bio-Coal Plant

20 December 2023 - ArcelorMittal Belgium has commissioned a facility that converts waste wood into bio-coal for use in its Gent blast furnace, the company has announced.

ArcelorMittal Taps Sarralle for Spanish EAF

30 November 2023 - ArcelorMittal Asturias in Spain has signed Sarralle to build an electric arc furnace for its Gijón plant, the equipment manufacturer has announced. 

Schneider Electric Opts for ArcelorMittal’s Renewably Produced XCarb Steel

20 November 2023 - French multinational Schneider Electric will buy ArcelorMittal’s XCarb recycled and renewably produced steel for its electrical cabinets and enclosures, the company has announced.

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